Friday, November 24, 2023

"RV UPDATE" BY MILITIAMAN, 24 NOV

 Militia Man 

 What's the exchange rate crisis?  It's been at 1310 since the early part of 2023.  They devalued to 1460 then they adjusted it by 10%.  What's not good about that?  What did it prove?  That adjustment the World Bank was talking about of 10.3% is actually a positive sign because what did it do?  It staved off inflation...There's some positive aspects to some of these things...Revaluations happen.  They need to be tested.

Article:  "Alaq says the rise in the exchange rate in his time and the project to delete the zeros still exists"   When was that?  July 26, 2023.  The plan is still underway, hasn't changed.  It's a dynamic and fluid circumstance.  We had the Bank of International Settlements come out and talk about highly complex financial transactions ...shocks, warning people...we can see there's some fireworks going on...in the background.  

We're hoping Iraq will show us they have Article VIII compliance any time now.   Let's see what happens...

 Article [via MeetMeOnline] quote: 

 "Easing of global commodity prices, the revaluation of the dinar, the continued price subsidies are projected to keep inflation in check...

 This is coming from the World Bank...price subsidies are projected to keep inflation in check because of why?  Because of the revaluation of the dinar...The World Bank are the ones talking about the revaluation of the dinar and the revaluation will help facilitate [many things] ...

  Article quote:  "Many countries in the region and the world have expressed a great desire to participate in this project [Iraq's Development Road Project] especially since it will be the most appropriate, shortest, least expensive way to transport goods between the continents of Asia and Europe"

  It's going to be a major hub of the globe and you're thinking that Iraq can't ever revalue their currency?  I think that is just flat-out silly.  To think that it's not going to ever happen...the news speaks for itself...

https://dinarevaluation.blogspot.com/2023/11/rv-update-by-militiaman-samson-22-nov.html

]https://dinarevaluation.blogspot.com/2023/11/rv-update-by-militiaman-20-nov.html

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